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Minister to launch probe into miners’ missing pension money

The government is on the verge of appointing a task team to probe the whereabouts of pension funds belonging to mineworkers.  
Mineral Resources Minister Ngoako Ramatlhodi’s special adviser, Mahlodi Muofhe, said on Monday that the minister was going to form the team to get a clearer picture of why companies have failed to release the money to widows and orphans of former mineworkers.  The decision to form a task team was taken after Ramatlhodi yesterday met about 1,500 people in Kimberley who had worked for mines or whose relatives had done so “to understand how they could live in abject poverty when there are companies like De Beers operating there.”

  The community members told the minister that their partners died or were injured at the mines more than 20 years ago, but they did not receive their pension money or disability funds.  The probe would “give mining companies an opportunity to explain what happened to the pension funds, that could be running into billions of rands.”